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Assume that the market for Good X is defined as follows: Qp = 64 - 16P and Qs = 16P. What is the producer surplus

Assume that the market for Good X is defined as follows: Qp = 64 - 16P and Qs = 16P. What is the producer surplus in this market?

Assume that the market for Good X is defined as follows: QD=6416P and QS=16P. What is the producer surplus in this market

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